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Well this question could make sense 10 years ago when the island was full of scumbags and industry regulation was generally shady and wholly corrupted. Now after a pressure from US and European Union CyseC became much stricter and safer and can barely harbor and big fraudsters. You can consider CySEC reliable at the moment, also do your own due diligence when choosing a broker.

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I didn't say they are not bad. Just much better than it was before.
But what I can say that if somebody is a dumbhead he will be scammed in any safety environment created by regulators and government. Its all about your own skills to sort diamonds from sh*t

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if its simply choosing between a regulated one and unregulated? then the answer is obvious, CySec arent the best regulators out there but its still better than non, and yeah they kinda are a better than what they were in the past.

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if its simply choosing between a regulated one and unregulated? then the answer is obvious, CySec arent the best regulators out there but its still better than non, and yeah they kinda are a better than what they were in the past.

Even such monsters as Deutsche Bank or Goldman Sachs committed financial frauds such as money laundering or currency market rigging and were fined for that... What I want to say that sometimes we attach too much importance to some insignificant things while missing some other crucial patterns albeit they don't lay on the surface.

better to have a look once than hear 100 opinions how good or bad it is. I used it before discovered tradingview, now completely switch to latter because it has incomparably richer range of charting and analytical instruments + social feature.

Well-known member

yeah that much i have to agree with, sometime even in norms used by brokers of traders, we look beyond the trend, i mean its a constant struggle to find the best suitable tool to add a fraction of % of success, and i have seen many set ups that are a bit to complicated for me but its good. in the end we stick to what we know and what generates the best results really.

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